Category Archives: world-wide economy

Ding dong! Maggie’s dirty deeds live on


From a 2004 column in Daily Mail on what happened to the working class in Britain after Margaret Thatcher’s successful crusade to kill the miners’ union: … What the [coal miners’] strike represented to us was a set of values … Continue reading

Posted in economic collapse, history, humor, mainstream media, pop music, The New Depression, unemployment, world-wide economy | Tagged , , , , | 3 Comments

Zizek on OWS: Where to next?


Bill O’Reilly recently denounced liberal economist Robert Reich as a communist, and Reich responded to this absurd charge by challenging O’Reilly to debate him. The debate I’d like to see, which will never take place, would be between O’Reilly and … Continue reading

Posted in economic collapse, globalization, Great Recession, history, humor, movies, Occupy Wall Street, unemployment, world-wide economy | Tagged , , , , , | 2 Comments

U.S. is leader of the pack — in poverty rates


In an article in Boston Review, Paul Osterman notes that income inequality in the United States is much greater than in northern Europe, and that the situation here could improve if our government focused on raising and enforcing labor standards, … Continue reading

Posted in economic collapse, globalization, Great Recession, Occupy Wall Street, unemployment, world-wide economy | Tagged , , , | 2 Comments

Serfin’ USA (the new feudalism)


Did Cameron Diaz go under the knife? Will the stars of Hangover 3 score big pay increases? These are the questions that try journalists’ souls. Meanwhile, in another world, in a piece called “Is Market Capitalism Dead?,” Columbia Prof. Thomas … Continue reading

Posted in economic collapse, globalization, mainstream media, Mitt Romney, New York Times, unemployment, Wall Street, world-wide economy | Tagged , , , , , | 1 Comment

The Facebook bubble


A massive con job may be in progress in the form of the coming Facebook IPO, which will supposedly value the company somewhere in the vicinity of $75 billion to $100 billion. From DJ Pangburn of Death and Taxes: … … Continue reading

Posted in Wall Street, world-wide economy | Tagged , , | 2 Comments

Slave labor is good for business


A depressing piece in the Sunday New York Times re-explained why the U.S. is losing huge numbers of manufacturing jobs, but it didn’t mention how we can hope to reverse this trend if our biggest corporations continue to work with … Continue reading

Posted in economic collapse, environmentalism, globalization, mainstream media, New York Times, Obama, unemployment, world-wide economy | Tagged , , | 1 Comment

Japan’s job-killing robots


You thought Godzilla was scary? Wait until Nextage emerges fully grown from Japan: Japanese firm Kawada Industries is on the leading edge of a growing industry that threatens to become a major disruptive force in the coming years: automated labor. … Continue reading

Posted in unemployment, world-wide economy | Tagged , , , | 2 Comments